CDIO vs TASK: Correlation
Cardio Diagnostics Holdings Inc. (CDIO) and TaskUs, Inc. (TASK) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDIO and TASK?
On 3 years of weekly data the CDIO/TASK correlation comes out at 0.39, moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.39). The 5-year figure is 0.10, and annualized covariance runs at 4834.3 %².
Within CDIO's tracked universe of 11 assets, TASK comes in at #4 by 3-year correlation. The last year tells two different stories: TASK led by 22.5 percentage points, -50.1% for CDIO against -27.6% for TASK. Risk is not evenly split, since CDIO carries 3.7 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CDIO vs TASK: side by side
| CDIO (Cardio Diagnostics Holdings Inc.) | TASK (TaskUs, Inc.) | |
|---|---|---|
| 1-year return | -50.1% | -27.6% |
| 5-year return | -99.4% | -78.6% |
| Volatility (ann.) | 214.2% | 58.0% |
| Beta vs S&P 500 | 3.57 | 1.30 |
| Max drawdown (3Y) | -98.9% | -63.0% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 6.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDIO | TASK |
|---|---|---|
| 2022 | – | -68.7% |
| 2023 | +134.9% | -22.7% |
| 2024 | -63.2% | +29.6% |
| 2025 | -90.1% | -30.4% |
| 2026 | -31.0% | +6.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDIO and TASK good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CDIO and TASK?
The CDIO/TASK correlation stands at 0.39 on a 3-year window (1 year: 0.24, 5 years: 0.10), computed from weekly returns as of 2026-08-27.
Is TASK a good diversifier for CDIO?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cdio-vs-task.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cdio-vs-task/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CDIO correlations · TASK correlations
